FG, States, and LGCs to Share ₦1.727 Trillion in November 2024 Revenue

A total of ₦1.727 trillion, November 2024 Federation Accounts Revenue, has been shared between the Federal Government, States, and Local Government Councils. The revenue was shared at the December 2024 meeting of the Federation Accounts Allocation Committee (FAAC) held in Abuja. This was disclosed in a statement signed by FAAC Director of Press and Public…

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JUST IN: National grid collapses Again, for the 12th time in 2024!

On Wednesday, Nigerians were plunged into darkness due to yet another collapse of the national power grid. In October alone, the grid experienced three collapses within a week, causing widespread blackouts and triggering reactions from the public. A tweet from Nigeria’s National Grid confirmed that the collapse occurred around 2:09 pm on Wednesday. This collapse…

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FG, BOI Release N23bn to 29 Firms to Boost Manufacturing Sector

The Bank of Industry (BOI) said it has disbursed N22.89 billion to 29 manufacturers under the Federal Government’s N75 billion Manufacturing Sector Intervention Fund. BOI Managing Director Olasupo Olusi announced during an interactive session with the Organised Private Sector in Abuja. He revealed that 20 more projects, worth N6.3 billion, are currently in different stages…

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